A low-cost franchise for sale can be a great first business opportunity for the budding entrepreneur. A low-cost franchise usually requires a minimum investment of less than $50,000. Franchise fees and start-up costs vary with different franchise opportunities. Generally, the total cost to get started may include the franchise fee, training, computer, software and marketing materials, to name a few.

Low-cost franchise opportunities can be found in a variety of industry areas including personal services, pet care, senior care and children related franchises. They are often home-base or van-based, so the business doesn’t require the financial outlay for retail space or an expensive build-out.

Owning a franchise offers individuals the flexibility to be their own boss and set their own hours. The franchise owner can enjoy working in their business, doing something they love and getting paid for it. Number crunchers can look into a tax preparation or accounting franchise. Read more.